Congo, Republic of Deposit Rate
Deposit interest rate FR.INR.DPST
Congo, Republic of's deposit rate was 2.45% in 2017, ranked 54th globally. This represents a 0.0% increase from 2016. Data from World Bank, covering 1990–2017.
Overview
Congo, Republic of's deposit rate stood at 2.45% in 2017, a rise of +0.00pp from 2016. Congo, Republic of ranked 54th globally.
The Republic of Congo's deposit rate has experienced a significant decline over the past two decades, with the rate plummeting to 2.45% in 2017, its lowest level since the inception of the data series in 1990. This represents a substantial drop from the all-time peak of 8.08% recorded in 1994, when the country's economy was still reeling from the aftermath of the collapse of the Soviet Union. In comparison, countries such as Cameroon have maintained a similar deposit rate of 2.45%, indicating a regional trend towards stable and low interest rates. The World Bank data suggests that the Congolese banking sector has likely absorbed the shocks of the global financial crisis and regional economic fluctuations, resulting in a stable and low deposit rate environment. However, any significant increase in inflationary pressures or monetary policy tightening could potentially alter this trend, prompting a reevaluation of deposit rates in the Republic of Congo.
Data & projection
| Year | Deposit Rate | YoY change | Rank |
|---|---|---|---|
| 2017 | 2.45% | +0.00pp | #54 |
| 2016 | 2.45% | +0.00pp | #58 |
| 2015 | 2.45% | −0.15pp | #55 |
| 2014 | 2.60% | −0.61pp | #52 |
| 2013 | 3.21% | −0.04pp | #62 |
| 2012 | 3.25% | +0.00pp | #55 |
| 2011 | 3.25% | +0.00pp | #50 |
| 2010 | 3.25% | +0.00pp | #51 |
| 2009 | 3.25% | −0.50pp | #41 |
| 2008 | 3.75% | −0.50pp | #41 |
| 2007 | 4.25% | −0.08pp | #46 |
| 2006 | 4.33% | −0.58pp | #50 |
| 2005 | 4.92% | −0.08pp | #71 |
| 2004 | 5.00% | +0.00pp | #69 |
| 2003 | 5.00% | +0.00pp | #55 |
Detected Pattern
Analysis
Congo, Republic of matched the Export Boom Cycle pattern in 2011. Historically, 71% of countries showing this pattern (546 out of 768) saw deposit rate improve within 24 months. View full analysis →
Frequently Asked Questions
Congo, Republic of's deposit rate was 2.45% in 2017. Ranked 54th globally. This represents a 0.0% increase from the previous year.
Congo, Republic of's deposit rate peaked at 8.08% in 1994.
The lowest deposit rate in Congo, Republic of was 2.45% in 2015.
Congo, Republic of ranks 54th globally in deposit rate as of 2017.
The World Bank indicator code is FR.INR.DPST. Data sourced from World Bank.
The deposit rate of Congo, Republic of in 2017 was 2.45%. This ranks 54th in the world.
Cite this page
@misc{historysaid_congo-republic-of_deposit-rate,
title = {Congo, Republic of Deposit Rate},
url = {https://historysaid.com/congo-republic-of/deposit-rate/},
publisher = {HistorySaid},
year = {2026}
}